Retirement Benefit Solutions Offers DB Funding Modeling

Allowing for the input of more than 200 variables, the
Epiphany software system calculates how a pension can bridge a portion or all
of its unfunded liability through the use of life insurance.

Epiphany’s modeling pinpoints the necessary amount of
insurance to be purchased for consenting plan participants to fund the
pension’s desired liabilities. Calculations can be run on various timetables,
using a number of forms of life insurance.

Against various long-term goals, the tool blends mortality
tables and other variables as required.

“Corporations, state and local governments’ underfunded and
unfunded pension liabilities total nearly $5 trillion dollars,” said Patrick
Elshaw, president of Retirement Benefit Solutions. “It is time for these
pension plans to find new, long-term solutions to this mounting crisis. Our
pension-owned life insurance solution sits outside the volatility of the
current market.”